Sindh High Court bars PSX from placing Dewan Cement in defaulter’s segment

LAHORE: A bourse notification filed Monday by Pakistan Stock Exchange (PSX) revealed the Sindh High Court on 27th January ordered it not...

Coincheck penalized by Japan’s financial regulator

TOKYO: Japan’s financial regulator on Monday ordered Coincheck to get its act together after hackers stole $530 million worth of digital money...

Center rebuffs Balochistan’s request to lift ban on new housing schemes in Gwadar

ISLAMABAD: Balochistan’s government suggestion to re-open launch of new commercial and housing societies in Gwadar has been shot down by the federal...

Punjab enforces ban on expansion, setting up of new cement plants

LAHORE: The Punjab government has enforced a ban on construction of new cement plants and expansion of existing ones on Saturday. A notification...

Asian shares remain flat after upbeat openings

TOKYO: Asian shares were mixed Monday after several markets ceded gains from upbeat openings that tracked Friday’s rally on Wall Street. KEEPING SCORE:...

Route survey for North-South gas LNG pipeline finalized

ISLAMABAD: The route survey for laying 1100-kilometer gas pipeline from Lahore to Karachi (North-South) has been completed and the Price Negotiations Committee,...

Seafood exports increase 9.08 percent during first half of FY 2017-18

ISLAMABAD: The exports of fish and fish preparations from the country during first half of current financial year increased by 9.08 percent...

Pakistan’s remittance outflows among the highest in the region: Pew Research Center

KARACHI: The importance of remittances to Pakistan’s economy cannot be negated, as it provides much needed foreign exchanges in terms of dollars...

Govt paid Rs598 billion domestic debt servicing costs during five months of FY 2017-18

KARACHI: Around Rs598 billion was paid on account of domestic debt servicing by the government during first five of financial year 2017-18,...

Increased competition on horizon, as five new airlines to enter Pakistan

KARACHI: Pakistan is set for entry of five new airlines, Afeef Zara, Askari Air, Air Sial, Go Green and Liberty Air in...

Oil prices remain firm on back of weakening dollar

SINGAPORE: Oil prices held firm on Monday, supported by strong demand, a weak dollar and ongoing supply cuts lead by OPEC and...

NFC award to be decided after general elections

ISLAMABAD: The National Finance Commission (NFC) award will be decided upon by the next government in a consensus reached between federal and...

Free Zone to turn Gwadar into region’s big commercial hub: Chairman COPHC

GWADAR: Chairman China Overseas Port Holding Company (COPHC) Zhang Baozhong, on Sunday, said that with the construction of Free Zone, the port city...

7th NFC Award fails to give any policy in devolution of fiscal resources: IMF report

ISLAMABAD: The 7th National Finance Commission (NFC) Award has become redundant as it has failed to give any policy in terms of devolution...

FTA with Turkey to be concluded soon: Commerce secretary

ISLAMABAD: Ministry of Commerce Secretary Younas Dhaga has said that regarding the Free Trade Agreement (FTA) with Pakistan, the Turkish Commerce Ministry has...